Gold ALL-TIME HIGH

In the past week, rate cut probabilities, which were set for March, June, September, and now October, were massively delayed again with the passing of the Big Beautiful Bill in the House of Representatives.

A full third of bond speculators see 2025 ending with the FED Funds Rate at 4.00%.

What's causing the markets to continue to bet on higher interest rates in America?

The dollar's reserve currency status allows the Treasury to borrow sums of money that no other nation can afford, but this ability has a trade-off: It forces lenders to hold more USD reserves than they would have if Washington had not provided them with a security blanket and many other advantages that the United States of America is in charge of.

Scott Bessent and Donald Trump both believe that the dollar's reserve currency burden is too difficult for other countries to bear, so they don't see how any other nation could challenge it. On the other hand, they fully recognize that borrowing more to continue to fund the federal government and de-industrializing has made the U.S. a second-grade country, not a beacon of shining light.

Today, I want to focus on the primary reason that the dollar will continue declining and that is because Trump is returning the United States to its FOUNDING PRINCIPLES and they're not about tying itself up in permanent alliances. In fact, the Founding Fathers warned against it and they're right.

Courtesy: Zerohedge.com

President Trump and the Treasury Secretary envision a balanced fiscal year (no deficit) by 2028 and a sustainable path for the United States.

As you can see, last week, gold had its HIGHEST closing in history and I fully expect gold to head even higher.

Gold isn’t going higher, because the United States is headed in the WRONG direction. Still, because Trump isn't afraid to recognize the truth and that is that Biden's administration brought the country to its knees and had Kamala won, there would have been civil war between the radical left globalists and the conservative patriots.

Step one was winning the elections with an undeniable margin, mandating this president to bring the country back from oblivion, but the paradox is that Trump's biggest enemy is the bureaucracy within his own government.

That's why we believe the dollar will continue to fall by another 10% from here before the mid-terms.

As you can see, the dollar is trading right at its 3-year support line and I believe that it WON'T Hold!

Courtesy: Zerohedge.com

If we're right, then gold bulls are NOT ready for the move!

Many have sold, taken profits, and believed that gold is overbought, but they don't realize that this is no ordinary move but a 50-year disaster that is now being fixed.

We anticipate that for ever 1% that the dollar index goes down, the price of gold will rise by 1.8%, which implies that we see gold hitting $4,200 by mid-terms.